Tariff threats affect Chinese Yuan
On Monday, Donald Trump’s fresh threats to lift levies on Chinese exports sent ripples through financial markets, thus affecting risk sentiment and backing safe-haven assets…
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5 important things this week will bring us!
The week started badly for the market sentiment. Find out why!
Will the RBA cut its rate?
The Reserve bank of Australia will announce its interest rate and release a statement on May 7, at 07:30 MT time.
Trading plan for May 6
Pay attention to the market sentiment today!
Firm American job surge is anticipated in April
In April, American employers managed to maintain a firm tempo of hiring, while steadily ramping up wages for staff members, indicating firm economic surge as well as moderate inflation pressures…
Gold stands still having dived the most for two weeks
On Friday, the yellow metal was nearly intact in Asia because investors were still cautious after the Fed’s decision to keep interest rates on hold…
Evergreen buck is intact ahead of major data
On Friday, the evergreen buck stood still in Asia as financial markets wait for the upcoming non-farm payroll as well as job data for April…
American first-quarter productivity demonstrates the fastest surge tempo since 2014
In the first quarter, American worker productivity managed to rally at the fastest tempo for over four years, thus depressing labor costs and also suggesting that inflation could stay benign for a while…
Yellow metal inches down on potential trade agreement
On Thursday, gold headed south, just a day after the major US bank stood pat on monetary policy and also hinted that interest rates would probably stand still for a longer period…
Asia factory activity bottoms out
In April, factory activity partly recovered, although still staying on shaky ground due to the fact that global demand was still subdued because China's stimulus measures were yet to demonstrate their full pulling power…
Evergreen buck consolidates in Asia
On Thursday, the evergreen buck consolidated in Asia having recovered from a brief spill overnight when financial markets were puzzled by mixed messages on policy from the US major financial institution…
New Zealand dollar is affected by jobs data
On Wednesday, the New Zealand dollar headed south following dismal jobs data,which heightened expectations that interest rates would be decreased, as traders awaited the end of the Fed’s two-day policy gathering…